Top Altcoin Trading Platforms in China (Updated Regularly)

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The cryptocurrency market has experienced rapid growth over the past decade, with altcoins—digital currencies other than Bitcoin—gaining significant traction among investors. As demand for diverse digital assets rises, so does the need for reliable and secure altcoin trading platforms. While regulatory changes have reshaped the landscape, several platforms that originated in China have played pivotal roles in the early development of the crypto ecosystem.

This article provides an updated overview of historically notable altcoin trading platforms associated with Chinese operations or origins, focusing on their features, security measures, and contributions to the digital asset space.

BTC38 (BitTimes)

BTC38, operated by Shenzhen Zhiwei Network Technology Co., Ltd., launched its altcoin trading segment on August 22, 2013. As one of the earliest Chinese-language cryptocurrency platforms, BTC38 combined news, mining pool services, and trading under one roof.

Founded in May 2013, the platform built a reputation for professional management and robust fund security systems. The founding team included former employees from Tencent and Bank of China, bringing strong internet and financial industry experience.

BTC38’s altcoin trading platform emphasized safety, speed, and affordability. Key features included:

To protect investors, BTC38 implemented strict listing criteria for altcoins:

  1. No coins younger than 10 days.
  2. SHA-256 difficulty must exceed 10,000; Scrypt difficulty above 2.
  3. No pre-mined coins or those with excessively high initial block rewards.

These policies aimed to filter out low-quality projects and promote sustainable investment opportunities.

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Bter.com (BitFloor)

Operated by Bitcoin Technology Incorporated (BTI), Bter.com was a major player in the early altcoin exchange scene. It supported trading pairs including Litecoin (LTC), Freicoin (FRC), Feathercoin (FTC), and others.

Although BTI's cloud mining project MYMINER failed in August 2013, Bter.com continued to gain user trust through strong technical safeguards:

These features ensured high levels of transaction security and user data protection. Bter positioned itself as a fair, transparent, and efficient marketplace for digital currencies during a time when platform reliability was a major concern.

Yunbi.com (Panda Exchange)

Yunbi.com, originally known as "Pixiu Exchange," was launched on July 1, 2013, by BitFundPE. Officially rebranded as Yunbi in October 2014, it was based in Beijing and operated by Beijing Yunbi Technology Co., Ltd. Notable figures like Li Xiaolai were part of its core team.

Yunbi stood out for its commitment to transparency:

By rejecting opaque financial products like leverage trading and unverified ICOs, Yunbi focused on creating a trustworthy environment for digital asset enthusiasts.

The platform prioritized user safety and ethical standards, aligning with Google’s “Don’t be evil” philosophy. It also supported emerging innovations such as Ethereum and ERC-based tokens, helping drive broader adoption of next-generation blockchain projects.

Jubi.com (JuBi Network)

Founded in January 2014 by Beijing JuBi Technology Co., Ltd., Jubi.com officially went live in March 2014. Acquired later that year by BtcTrade.com, it served as their dedicated altcoin trading arm.

Jubi’s mission was clear: curate safe and valuable second-generation cryptocurrencies (altcoins) for users seeking quality investment opportunities.

Key highlights:

With a clean design and intuitive layout, Jubi offered a superior user experience compared to many contemporaries.

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19800.com

Launched in January 2016 by Shanghai QuChain Network Technology Co., Ltd., 19800.com (also known as 19800 Exchange) began operations on March 15, 2016. The team consisted of experienced professionals in platform design, development, and maintenance.

Backed by Time Tech, a Canadian virtual asset development firm, 19800 aimed to become the first Chinese platform fully connected to global markets. With plans to launch an international version by May 2016, it sought to bridge domestic users with worldwide crypto liquidity.

Registered in 2014 with a 5 million RMB capital base and having secured Series A funding in 2015, QuChain focused on developing next-gen altcoins and building scalable international trading infrastructure.

Gobiw.com (GoCoin Network)

Operated by Fujian Zhongtai Network Technology Co., Ltd., Gobiw.com launched in February 2016. Like others in this space, its goal was to identify secure and promising altcoins for Chinese investors.

The team comprised long-time cryptocurrency enthusiasts and technical experts committed to delivering stable and high-quality trading experiences.

While details about specific features remain limited, Gobiw reflected the broader trend of specialized platforms emerging to meet growing demand for altcoin access.

Yobtc.com (Ubit)

Established in March 2016 under Wanbao Network (Jiangsu) Technology Co., Ltd., Yobtc.com targeted Chinese investors with a comprehensive digital asset trading solution.

CEO Chen Long was an early Bitcoin adopter (since 2010) and brought deep industry insight. The platform received strategic investment from a Nanjing-based private equity firm at inception.

Yobtc emphasized core internet values: openness, freedom, fairness, and transparency. In response to numerous exchange failures and scam projects ("互助盘"), Yobtc publicly pledged never to run away with user funds. To increase accountability, it offered equity crowdfunding, allowing retail users to become partial owners.

Frequently Asked Questions

Q: Are these platforms still operational today?
A: Most of these platforms were active between 2013 and 2016. Due to evolving regulations in China regarding cryptocurrency trading, many have since ceased operations or migrated overseas. Always verify current status before engaging.

Q: What makes a trustworthy altcoin exchange?
A: Key indicators include transparent reserves, strong security protocols (like cold storage and 2FA), low fees, responsive customer support, and community trust.

Q: Why did Chinese-based exchanges emphasize security so heavily?
A: Early exchanges faced frequent hacks and trust issues. Platforms like Yunbi and BTC38 responded by introducing innovations like open-source code and 100% reserve proofs to rebuild confidence.

Q: How can I safely trade altcoins now?
A: Use well-established, regulated exchanges with proven track records. Look for platforms offering insurance funds, regular audits, and multi-layered authentication.

Q: What happened to domain names like jubi.com or yunbi.com?
A: Some domains were repurposed or acquired after original services shut down. Domain value often reflected perceived potential in the crypto space during the early boom years.

Q: Is peer voting for coin listings effective?
A: Yes—platforms like Jubi planned to let users vote on new listings, increasing transparency and aligning offerings with real demand rather than internal decisions.

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